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This Solana Meme Coin Jumps 70% Daily: Could it Become the Next Sensation?

TL;DR The cryptocurrency market is correcting, with numerous assets in decline, but this new sloth-themed meme coin defies the trend by surging 70%. Despite its success, it faced a setback when the developer accidentally burnt $10 million in funds. The cryptocurrency sector has been on the decline today (March 19) after thriving significantly in the […]

Over $400M in Liquidations as BTC Slumps to 13-Day Lows, SHIB and DOGE Plummet by 13%

Bitcoin’s price has been on the decline for the past several days and the landscape worsened earlier this morning when the asset fell to a 13-day low of under $64,500. The altcoins are in even worse shape, and the total liquidations have skyrocketed to more than $400 million on a daily scale. BTCUSD. Source: TradingView […]

Bitcoin Ordinals NFT Craze: NodeMonkes Sees 53% Surge in Floor Price

NodeMonkes, Bitcoin’s premier NFT collection, has surged by over 50% in the past 24 hours, surpassing Bored Ape Yacht Club (BAYC) in market capitalization. According to data from CoinGecko, NodeMonkes witnessed a 53.3% surge in its floor price, making it the second-largest NFT collection in terms of market cap. NodeMonkes and Runestone’s Floor Price Surge […]

Binance Personnel Cleared of Insider Trading Allegations in BOME Controversy

Binance has cleared its personnel from the allegations surrounding Book of Meme (BOME), a meme coin built on the Solana blockchain. The move follows widespread discussions and allegations of possible insider trading associated with the “BOME rat warehouse” incident, prompting Binance to take swift action to address the matter. Binance Responds to Allegations In an […]

Digital Asset Inflows Skyrocket to $2.9B YTD, Shattering 2021 Records: CoinShares

Investments in digital asset products clocked in a massive surge in weekly inflows, reaching a total of $2.9 billion. According to the latest data compiled by CoinShares, the inflows surpassed the previous week’s record of $2.7 billion, propelling year-to-date investments to $13.2 billion, significantly exceeding the total inflows for the entire year of 2021, which […]

Will Bitcoin Enter The Danger Zone as Fed Rate Decision Looms ?

“It’s officially Fed week, the week we’ve all been waiting for,” exclaimed macroeconomics outlet The Kobeissi Letter on March 17. The US Central Bank will make its highly anticipated announcement on March 20, which will set the tone for the US’s economic outlook going forward. Key Events This Week: 1. Housing Starts data – Tuesday […]

Will Bitcoin Enter The Danger Zone as Fed Rate Decision Looms ?

“It’s officially Fed week, the week we’ve all been waiting for,” exclaimed macroeconomics outlet The Kobeissi Letter on March 17. The US Central Bank will make its highly anticipated announcement on March 20, which will set the tone for the US’s economic outlook going forward. Key Events This Week: 1. Housing Starts data – Tuesday […]

US SEC Charges 17 in $300M Crypto Ponzi Scheme

The United States Securities and Exchange Commission (SEC) has charged 17 individuals for allegedly perpetrating a cryptocurrency Ponzi scheme that defrauded thousands of Latino investors in the country for approximately $300 million. According to an official release from the regulator, the alleged fraudsters operated under a company named CryptoFX LLC, which is based in Houston, […]